Aviso Partners with Darktrace to Enhance Cybersecurity in Canada's Financial Sector
In a significant move for the financial services landscape, Darktrace, a global leader in AI for cybersecurity, has announced its partnership with Aviso, one of Canada’s foremost wealth services providers. This collaboration is set to enhance Aviso’s cybersecurity infrastructure, adapting it to the rapidly evolving digital landscape. With over CAD 140 billion in assets managed, Aviso serves a broad spectrum of clients, including credit unions, investment dealers, and insurance companies. Given the increasing digital threats in the financial sector, this partnership emphasizes the importance of proactive cybersecurity measures.
The financial industry has increasingly fallen prey to sophisticated cyber-attacks, faced from various adversaries including organized cybercriminal groups and disruptive hacktivists. As such, Aviso acknowledges that a robust cybersecurity framework is not only vital for maintaining trust but is also critical to its growth as a technology-enabled and client-centric organization. George Ho, Chief Digital Technology Officer at Aviso, asserted that cybersecurity is fundamentally essential in their line of business, stating, "There is no room for error."
To address modern cybersecurity challenges, Aviso has selected the Darktrace ActiveAI Security Platform™, which employs advanced machine learning to provide real-time visibility and automated responses across its vast digital ecosystem. Darktrace’s technology is designed to analyze and learn from the unique behaviors within Aviso’s network, allowing it to autonomously detect and respond to potential threats without disrupting essential business operations.
In practice, Darktrace’s platform will alleviate the burden of manual security assessments by autonomously monitoring network events. In just one month, Aviso recorded a staggering 6.7 billion network events, out of which Darktrace autonomously investigated 23 million security alerts, ultimately saving the organization about 1,104 hours of manual investigation. This substantial time saving is poised to empower Aviso’s security team to focus on proactive tactics, such as enhancing compliance and refining business processes.
The suite of tools included in Darktrace’s offering comprises advanced solutions for email security, network detection, and robust identity management, all tailored to address the specific challenges faced by financial service organizations. Additionally, Darktrace’s Managed Detection and Response service will ensure continual oversight of Aviso’s cybersecurity posture, safeguarding the company against both known and emerging threats.
Founded in 2013, Darktrace has emerged as a crucial player in the cybersecurity arena, consistently innovating to meet the complex demands of a changing threat landscape. The partnership with Aviso represents a critical step in shifting the latter’s cybersecurity strategy from a primarily reactive stance to a proactive one. This transformation is essential for Aviso as it aims to maintain a competitive edge while securely innovating across its operations.
As financial services organizations continue to face heightened risks, collaborations like that of Aviso and Darktrace could serve as a blueprint for industry-wide improvements in how cybersecurity is approached. The financial future of organizations like Aviso depends not just on the services they provide but also on how securely they can operate in an increasingly digital world.
For more information about how Darktrace is helping Aviso safeguard its operations, case studies and further details are available on Darktrace's website.
The financial industry has increasingly fallen prey to sophisticated cyber-attacks, faced from various adversaries including organized cybercriminal groups and disruptive hacktivists. As such, Aviso acknowledges that a robust cybersecurity framework is not only vital for maintaining trust but is also critical to its growth as a technology-enabled and client-centric organization. George Ho, Chief Digital Technology Officer at Aviso, asserted that cybersecurity is fundamentally essential in their line of business, stating, "There is no room for error."
To address modern cybersecurity challenges, Aviso has selected the Darktrace ActiveAI Security Platform™, which employs advanced machine learning to provide real-time visibility and automated responses across its vast digital ecosystem. Darktrace’s technology is designed to analyze and learn from the unique behaviors within Aviso’s network, allowing it to autonomously detect and respond to potential threats without disrupting essential business operations.
In practice, Darktrace’s platform will alleviate the burden of manual security assessments by autonomously monitoring network events. In just one month, Aviso recorded a staggering 6.7 billion network events, out of which Darktrace autonomously investigated 23 million security alerts, ultimately saving the organization about 1,104 hours of manual investigation. This substantial time saving is poised to empower Aviso’s security team to focus on proactive tactics, such as enhancing compliance and refining business processes.
The suite of tools included in Darktrace’s offering comprises advanced solutions for email security, network detection, and robust identity management, all tailored to address the specific challenges faced by financial service organizations. Additionally, Darktrace’s Managed Detection and Response service will ensure continual oversight of Aviso’s cybersecurity posture, safeguarding the company against both known and emerging threats.
Founded in 2013, Darktrace has emerged as a crucial player in the cybersecurity arena, consistently innovating to meet the complex demands of a changing threat landscape. The partnership with Aviso represents a critical step in shifting the latter’s cybersecurity strategy from a primarily reactive stance to a proactive one. This transformation is essential for Aviso as it aims to maintain a competitive edge while securely innovating across its operations.
As financial services organizations continue to face heightened risks, collaborations like that of Aviso and Darktrace could serve as a blueprint for industry-wide improvements in how cybersecurity is approached. The financial future of organizations like Aviso depends not just on the services they provide but also on how securely they can operate in an increasingly digital world.
For more information about how Darktrace is helping Aviso safeguard its operations, case studies and further details are available on Darktrace's website.
Topics Financial Services & Investing）
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